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A comment on I tried to buy an actual barrel of crude oil (2015). Parent comment

Re:I tried to buy an actual barrel of crude oil (2015) by entangledqubit on Monday April 20, 2020 @04:28PM (#22928143)
Unfortunately, right now it seems that there is incentive out there for oil to "go missing" for a profit -- presumably at the cost of the environment. I'm curious if anyone is thinking about trying to replace their fracking fluid with oil for a while...
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Re:I tried to buy an actual barrel of crude oil (2015) by recursive on Monday April 20, 2020 @05:26PM (#22928756)
Why don't the producers turn down the output? Does it cost more money to produce less? Is it mutually assured destruction? A game of chicken? This is so weird.
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Re:I tried to buy an actual barrel of crude oil (2015) by ShamelessC on Wednesday April 22, 2020 @03:17PM (#22949140)
I heard on NPR yesterday that oil producers are concerned that output will be dampened by "turning down the output" because it can make flow rates lower when they reopen.
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Re:I tried to buy an actual barrel of crude oil (2015) by foota on Monday April 20, 2020 @05:31PM (#22928821)
@recursive, I read here that there are contractual obligations in play. Search for jofer@'s answer.
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